It is obvious that the Dow and the Dow futures are trading in a direct relationship to the EUR/USD(FX). The indications are that the EUR/USD(FX) is in a CounterTrend status. Normally a countertrend move is in effect until either the TREND switches over or until the STO’S shown in this methodology hit the upper numbers. However, these are not normal times. Still, until the recent lows are taken out, the CounterTrend move must be considered. http://www.thedowinlivingcolor.com
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